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SOLANA TOURNAMENT ! Who’s got your support?
SEMI-FINAL 1: @Claynosaurz 🦕 VS @JupiterExchange 🐱
👇 Drop your pick in the comments.. round winner revealed in 12h!
Contrary to belief, I’m not paid to shill $JUP (or any token).
I just talk about one of my biggest investments — the one I genuinely believe could set me up for life if the team executes.
That’s the power of conviction. That’s the power of crypto. That's the power of CT.
I really miss NFT era Solana.
All of the Internet Capital Markets stuff is very corporate/Wall Street feeling.
I came here to disrupt the institutions, not shake hands with em.
Am I alone in noticing the vibe shift?
If you’ve been around long enough, there is almost a nostalgia around past Solana periods of economic activity, particularly in a pretty low key market. But that’s easily punctured when you see some of the idiocy people of “influence” write. Then you remember. Oh. Right.
Day 5. Still posting selfies until $JUP hits $1
Current price: $0.5457 USD
24-hour change: +0.7-0.8%
Interesting fact about @JupiterExchange:
Current circulating supply is ~ 3.11-3.12 B JUP
folks have asked how the Solana DATs benefit @JupiterExchange and $JUP.
here’s how:
- DATs need liquid stake tokens (LSTs) to use in DeFi and get more yield. $jupSOL is the highest yielding major LST, and is an obvious choice because of its reliability and liquidity depth. this generates revenue for the @jup_dao, and creates more brand awareness among institutions for jupiter itself
- DATs will want to earn onchain yield. @jup_lend is again an excellent choice, because its better for borrowers and simpler for lenders. not only is it the best place to loop jupSOL, but because of the unique unified liquidity layer architecture, it's also relatively easy for us to spin up advanced functions (like private pools) specifically for large players. this drives more revenue for Jupiter, and more accumulation of $JUP
- DATs will want to buy their SOL onchain to demonstrate the validity of the internet capital markets thesis. Jupiter is the best place to execute trades at size, and (critically!) is already integrated into the custodians that the DATs will use for purchases/custody. this is not only good for Jupiter, but will be great for brand recognition if/when the DATs use their onchain buys as a part of their overall Solana bullish narrative.
- DATs may want to native stake their SOL for yield due to regulatory concerns initially. they will choose high quality validators that generate the highest yield. the Jupiter Validator is the 7th biggest currently, and earns more fees than most others. more stake makes it easier for Jupiter to land transactions and provide a superior product to traders.
- DATs generally will increase price bullishness for $SOL. $JUP, as the largest DeFi protocol on Solana, will receive more attention and interest from market participants who want beta to SOL.
Jupiter has the best LST, the best trading infra, the best validator, and the best DeFi product suite. it feels obvious to me Jupiter is going to be one of the biggest second-order beneficiaries of the Solana DATs.
higher.
Space has changed since #Solana Big Bang. But ideas and opportunity exist. You just have to recognize them and have confidence you’re associating w/caliber people when your money and time are on the line. Now, I could tell you @droidcapital are those people but better to show.